Question
A7X Co. has an ROA of 8 percent and a payout ratio of 31 percent. What is its internal growth rate? (Do not round intermediate
| A7X Co. has an ROA of 8 percent and a payout ratio of 31 percent. |
| What is its internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
